Silgan Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Silgan Holdings Inc SLGN.N reported quarterly adjusted earnings of 85 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of eleven analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 79 cents to 85 cents per share.

• Revenue rose 5.3% to $1.41 billion from a year ago; analysts expected $1.40 billion.

• Silgan Holdings Inc's reported EPS for the quarter was 42 cents​.

• The company reported quarterly net income of $45.1 million.

• Silgan Holdings Inc shares had risen by 1.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for Silgan Holdings Inc is $60.00

This summary was machine generated from LSEG data January 29 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)